Form 8-K · Current report

Diamondback Energy 8-K, filed Nov 2, 2026

Filed
CIK
0001539838
Accession no.
0001539838-26-000180
AI-generated summary

Summary

Diamondback Energy reported third-quarter 2026 net income of $1.603 billion, average oil production of 525 MBO/d, and free cash flow of $2.148 billion, and its board approved a 7.3% increase in the annual base dividend to $4.72 per share. The company also raised its full-year 2026 oil production guidance to about 524 MBO/d and its cash capital expenditure guidance to $3.95–$4.00 billion.

Key points

  • Diamondback reported third-quarter 2026 net income attributable to the company of $1.603 billion, or $5.69 per diluted share, and adjusted net income of $1.649 billion.
  • Third-quarter 2026 average oil production was 525 MBO/d, or 1,034 MBOE/d, with cash capital expenditures of $1.026 billion and free cash flow of $2.148 billion.
  • The board approved a 7.3% increase to the annual base dividend, raising it to $4.72 per share, and declared a third-quarter base cash dividend of $1.18 per share payable November 19, 2026.
  • During the third quarter, Diamondback repurchased about 1.348 million shares for approximately $251 million and acquired a 7.5% equity interest in the Solitude Pipeline System.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02. Results of Operations and Financial Condition. On November 2, 2026, Diamondback Energy, Inc. (the “Company”) issued a press release announcing financial and operating results for the third quarter ended September 30, 2026, including the third quarter 2026 base cash dividend and an increase in the annual base dividend (the “earnings release”). A copy of the earnings release is furnished to the Securities and Exchange Commission (the “SEC”) as Exhibit 99.1 to this Current Report on Form 8-K. The Company also issued a letter to its stockholders as a supplement to the earnings release, which is furnished to the SEC as Exhibit 99.2 to this Current Report on Form 8-K. Item 9.01. …

An excerpt of the text as filed with the SEC, cut for length.

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